Heating Up: What Record Temperatures Mean For Energy
Energy Gang28 Juli 2023

Heating Up: What Record Temperatures Mean For Energy

New challenges for our power supplies in a warming world.


Global temperatures have been breaking records this summer. On some estimates, the earth is the hottest that it has been for about 125,000 years. In Phoenix, Arizona, temperatures have consistently reached over 110 degrees Fahrenheit, and people are being hospitalized with severe burns after falling on the ground. The heat is bringing other threats, including the wildfires that have been burning out of control in parts of southern Europe and Canada.

Extreme heat inflates the demand for energy, particularly power for cooling and air conditioning, putting new strains on the power grid. In the US, electricity demand has been shattering records in Texas and Phoenix, and it's on a similar trend in other arts of the world, too. India's power demand, for instance, has been hitting new record highs due to the scorching temperatures and a steadily expanding economy.

To explore the impacts of the extreme weather we’ve been seeing, host Ed Crooks is joined by Energy Gang regulars Dr Melissa Lott of Columbia University’s Centre on Global Energy Policy, and Amy Myers Jaffe, from NYU’s Energy, Climate Justice, and Sustainability Lab. The gang discusses the ramifications of a warming world, and the stresses that it creates. To take just one example, to cope with extreme temperatures more people use air-conditioning, which often means increasing the use of fossil fuels, adding to the greenhouse gases in the atmosphere. In China, coal-fired power output in June was up 14% from the same month in 2022.

The gang discuss the huge global disparities in energy usage around the world. In the US, about 90% of households have air-conditioning, while in the lower-income economies of Asia and Africa, it is 10% or less. Melissa and Amy discuss how the transition to a lower-carbon world will be viable only if it acknowledges the rest of the world’s demand for the comforts enjoyed in rich countries today.

Climate change also causes problems for energy production. In Africa, hydropower plays a large role in electricity generation. As weather patterns shift, regions that rely on particular patterns of rainfall can struggle. Parts of China have been suffering blackouts this summer because of low hydro power generation, while California has been helped by relatively high snow and rainfall over the past winter. Picking up a theme from a previous episode of the show, when Dr Sarah Kapnick of the National Oceanographic and Atmospheric Administration was a guest, the gang discuss the need for more advanced climate modelling to understand the factors shaping energy demand and supply.

Finally, there is news of a potentially exciting breakthrough in what could be an important source of dispatchable power with zero emissions: geothermal energy. A company called Fervo Energy, led and staffed by people with backgrounds in both low-carbon energy and oil and gas, has reported a successful test of its first pair of geothermal wells drilled horizontally for more than 3,000 feet, using techniques pioneered in the shale industry. Could this technology eventually be a big piece of the energy transition puzzle? It’s all examined on this week’s show.

Remember to subscribe so you don’t miss an episode, and follow the discussion on Twitter – we’re @theenergygang.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(578)

Why is it so hard to build big energy projects? The barriers that obstruct new infrastructure development, and how to get past them

Why is it so hard to build big energy projects? The barriers that obstruct new infrastructure development, and how to get past them

Whoever you ask, you are likely find broad agreement that the world needs more energy infrastructure. Whether you are worried about ensuring secure supplies, powering new data centres, or cutting gree...

7 Juli 1h 6min

The new politics of power: What's really driving up American electricity bills? And what can we do about it?

The new politics of power: What's really driving up American electricity bills? And what can we do about it?

US residential electricity prices have risen by more than 40 per cent since the start of 2021, which is much faster than general inflation. Utilities requested a total of $31 billion in increased rate...

23 Juni 46min

Methane is both a problem and an opportunity: How market-based solutions can cut emissions even after climate policy has retreated

Methane is both a problem and an opportunity: How market-based solutions can cut emissions even after climate policy has retreated

Methane is the second-most important greenhouse gas, after carbon dioxide. It has accounted for roughly 30% of human-induced global warming since the 19th century. But it is also a valued commodity, u...

15 Juni 50min

How AI is changing the natural gas industry

How AI is changing the natural gas industry

There are two great forces reshaping the world of energy today. The AI boom and the wave of investment in new data centres have sent power producers scrambling for generation capacity to meet soaring ...

12 Juni 43min

The Iran war and the energy transition: what happens when the world is focused on supply security, not emissions

The Iran war and the energy transition: what happens when the world is focused on supply security, not emissions

The conflict in the Middle East has created severe disruption to shipping traffic through the Strait of Hormuz, taking roughly 20% of global supplies of liquefied natural gas (LNG) off the market. It ...

9 Juni 49min

It is too hard to build things in America: Can permitting reform begin a new era for energy investment?

It is too hard to build things in America: Can permitting reform begin a new era for energy investment?

America is facing an energy supply crisis created by surging demand for electricity from data centres. A transition to a lower-carbon system requires massive investment in new clean energy infrastruct...

25 Maj 1h 1min

How US utilities are adapting to a high-growth world for power demand. The head of America's largest electricity industry group explains the critical role played by regulators

How US utilities are adapting to a high-growth world for power demand. The head of America's largest electricity industry group explains the critical role played by regulators

The era of stagnant electricity demand in the US is over. Data centres, electrification, and reshoring of manufacturing are driving a surge in demand that is stronger that anything that anyone current...

19 Maj 48min

Stress test: the Iran war and a US grid under pressure | Live from the ACORE Finance Forum, Day two

Stress test: the Iran war and a US grid under pressure | Live from the ACORE Finance Forum, Day two

The war with Iran has put a spotlight on the security and resilience of energy and supply chains around the world. In this second special episode from the ACORE Finance Forum in New York, host Ed Croo...

14 Maj 1h 33min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
dynastin
rss-borsens-finest
uppgang-och-fall
avanzapodden
svd-tech-brief
rss-inga-dumma-fragor-om-pengar
fill-or-kill
bathina-en-podcast
rss-dagen-med-di
tabberaset
borslunch-2
rikatillsammans-om-privatekonomi-rikedom-i-livet
rss-kort-lang-analyspodden-fran-di
market-makers
rss-hos-psykologen
rss-borslunch
rss-veckans-trade